Forex

The weakness in oil prices will prompt a pullback in drilling activity in the US, ING's commodity expert Warren Patterson notes. Producer hedging may protect…

Euro (EUR) is under mild downward pressure against the US Dollar (USD) and is likely to edge lower; any decline is likely limited to a test of 1.1280. Current…

Swiss National Bank (SNB) Chairman Martin Schlegel said on Tuesday that “we remain committed to our mandate of price stability.”Additional quotesThe Swiss…

Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $949.65 a…

The Japanese Yen attracts some intraday sellers on Tuesday, though the downside risk remains limited.Trade-related uncertainties and geopolitical risks…

Indian Rupee may regain its ground due to expected progress on a US-India trade agreement.USD/INR’s downside could be restrained due to importer hedging demand…

NZD/USD struggles following disappointing Chinese economic data.China’s Caixin Services PMI fell to 50.7 in April from 51.9 in March, well below the forecast…

Gold price continues to attract safe-haven flows amid rising geopolitical tensions.The intraday move up seems unaffected by the emergence of some USD…

WTI price advances even as global supply concerns mount after OPEC+ moves to accelerate production hikes.The OPEC+ has pledged an additional 411,000 barrels…

EUR/USD stuck to familiar territory near 1.1300 on Monday.A key Fed rate call looms ahead during the midweek market sessions.European data takes a back seat…